Legal Opinion
In Re Gelin
United States Bankruptcy Court, M.D. Florida
Decided September 29, 2010No. 6:09-bk-15881PublishedCited by 25 opinions
1Opinion of the Court
MEMORANDUM OPINION DENYING MOTIONS FOR CRAMDOWN AND DENYING CONFIRMATION
KAREN S. JENNEMANN, Bankruptcy Judge.
The debtors are investors who purchased six rental properties during the recent real estate boom. Each property is encumbered by at least two mortgages. With the recent financial recession, the properties now are worth far less than the debt. The debtors filed this Chapter 11 case to reduce or, in some cases, eliminate their mortgage debt and to retain five of these six properties. One creditor, Branch Banking and Trust Company (“BBT”), objects to the confirmation of the debtors’ plan…
2Cases cited9 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- United States v. Gold Star Medical ServicesCourt of Appeals for the Eleventh Circuit · 1999
- Federal Reserve Bank of Atlanta v. ThomasCourt of Appeals for the Eleventh Circuit · 2000
- In Re ShatUnited States Bankruptcy Court, D. Nevada · 2010
- In Re GbadeboUnited States Bankruptcy Court, N.D. California · 2010
4 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- In Re: Ganess MaharajCourt of Appeals for the Fourth Circuit · 2012
- Dill Oil Company, LLC v. StephensCourt of Appeals for the Tenth Circuit · 2013
- In Re DraimanUnited States Bankruptcy Court, N.D. Illinois · 2011
- Friedman v. P+P, LLC (In Re Friedman)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2012
- Philip LivelyCourt of Appeals for the Fifth Circuit · 2013
20 more not listed; retrieve them via the Exa API.